IEA report points to revival in nuclear interest

A new International Energy Agency (IEA) report argues that nuclear capacity could double to 870 GW by 2050 in light of renewed interest in the building of new nuclear plants, including small modular reactors (SMRs), as well as in extending the lifetimes of existing power stations. Nevertheless, the technology’s share of global electricity generation is still expected to remain below 10%, in light of expectations that even stronger electricity demand growth over the period will be met primarily by renewable energy.